If a private pilot with about 400 hours, purchased a new, (year 2002
or 2003) Cessna 172 aircraft, approximately what would the yearly
insurance cost be?

Insurance for the airplane, and for liability.
Aircraft value is approximately $170,000.
Amount of liability insurance, approximately $200,000., to $500,000.
Not used for a rental.  
Just for personal use.

Hi clicker5!

Nice to see you back here again!

After searching the 'Net and spending a bit of time on the phone with
several aviation insurance agents, I've learned that it's virtually
impossible to estimate what your costs would be with any degree of
accuracy.  Even a "QuikQuote" requires significantly more information
than you've provided here.

Aircraft insurance varies from state to state, and is tailored to
individual circumstance.  Agents I contacted refused to even entertain
the notion of estimating without a lot more information (I suspect for
fear of liability issues).

That doesn't mean you can't get a quote, though!  There are several
resources available to help you get an accurate quote online:

For a general estimate:

AOPAIA QuikQuote  (Playing a bit with this one, I came up with a range
of $4755 - $6700 per year, but I had to make a lot of assumptions!)
http://www.aopaia.com/quik_insurance.cfm

Aircraft and Marine Insurance Agency
http://www.aircraft-marine.com/aircraft.html

Aviation Insurance Managers
http://www.aimofohio.com/Aircraft_Quote.htm

Spearing Navigation
http://www.spearingaviation.com/quote_personal_aircraft.htm

For a more detailed quote:

AOPAIA Owner's Insurance
http://www.aopaia.com/owners_insurance.cfm

iPilot Quote
http://www.ipilot.com/shop/insurance.asp

Aviation Insurance Resources
http://www.air-pros.com/airquote.htm

I hope you find these resources helpful!  If I can be of further
assistance, just ask for clarification.  I'll be glad to help!

--Missy

Search terms: ["aviation insurance" quote ], [ "aircraft insurance"
quote ]

Thank you missy, nice working with you again.

clicker5-ga